Since 2008 Levik and his wife have been engaged in cattle breeding. Part of what is produced (meat, milk, cheese, butter) they use for their family, but for the most part they sell what they produce to procurement agencies to provide for their family.
This is Levik’s third loan from Nor Horizon and he always makes his repayments on time.
Levik intends to develop his farm and therefore he is seeking a loan for 1,000,000 Armenian drams (AMD) to buy 8 sheep and 1 pig for his farm. He will also buy fodder for his cows and calves.
About “Nor Horizon”
“Nor Horizon” UCO LLC is committed to promoting poverty alleviation in Armenia by providing high-quality financial and other business development services to enterprising individuals in under-served rural and urban markets who have a strong will to establish and develop their own small-scale businesses. Originally created as the Armenian micro credit program of Oxfam (Great Britain) in late 1995, “Nor Horizon” LLC has been licensed under supervision of the Central Bank of Armenia since early 2006.
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Success!! The loan was 100% repaid